Tribune Revenues Up 0.8% in November

Tribune Revenues Up 0.8% in November

Publishing Advertising Revenues Down 0.3%; Television Revenues Up 9.4%

CHICAGO, Dec. 7 /PRNewswire-FirstCall/ -- Tribune Company (NYSE:TRB) today reported its summary of revenues and newspaper advertising volume for period 11, ended Nov. 19, 2006. Consolidated revenues for the period were $433 million, up 0.8 percent from last year's $429 million.

Publishing revenues in November were $326 million compared with $330 million last year, down 1.0 percent. Advertising revenues decreased 0.3 percent to $262 million, compared with $263 million in November 2005.

-- Retail advertising revenues increased 1.6 percent; strength in
hardware/home improvements and amusements was partially offset by
weakness in the department store category. Both retail advertising
revenues and preprint revenues reflect the Los Angeles Times' new
preprint distribution agreement with ADVO. Preprint revenues, which
are principally included in retail, were up 3 percent. Excluding
Newsday, preprint revenues increased 5 percent.
-- National advertising revenues declined 1.7 percent; weakness in the
telecom/wireless, auto and resorts categories was partially offset by
strength in transportation.
-- Classified advertising revenues decreased 1.7 percent. Real estate
rose 6 percent. Help wanted and automotive classified declined 6
percent and 5 percent, respectively. Interactive revenues, which are
primarily included in classified, were $19 million, up 29 percent, due
to strength in all categories.

Circulation revenues were down 6.0 percent due largely to continued selective home delivery discounting.

Broadcasting and entertainment group revenues in November increased 6.9 percent to $107 million, compared with $100 million last year. Television revenues rose 9.4 percent; strength in political, movies and telecom was partially offset by weakness in auto, retail and restaurant/fast food. Radio/entertainment decreased 26.5 percent or $2 million.

This press release contains certain comments or forward-looking statements that are based largely on the Company's current expectations and are subject to certain risks, trends and uncertainties. Such comments and statements should be understood in the context of Tribune's publicly available reports filed with the Securities and Exchange Commission ("SEC"), including the most current annual 10-K report and quarterly 10-Q report, which contain a discussion of various factors that may affect the company's business or financial results. These factors could cause actual future performance to differ materially from current expectations. Tribune Company is not responsible for updating the information contained in this press release beyond the published date, or for changes made to this document by wire services or Internet service providers. The Company's next 10-K report to be filed with the SEC may contain updates to the information included in this release.

TRIBUNE (NYSE:TRB) is one of the country's top media companies, operating businesses in publishing, interactive and broadcasting. It reaches more than 80 percent of U.S. households and is the only media organization with newspapers, television stations and websites in the nation's top three markets. In publishing, Tribune's leading daily newspapers include the Los Angeles Times, Chicago Tribune, Newsday (Long Island, N.Y.), The Sun (Baltimore), South Florida Sun-Sentinel, Orlando Sentinel and Hartford Courant. The company's broadcasting group operates 24 television stations, Superstation WGN on national cable, Chicago's WGN-AM and the Chicago Cubs baseball team. Popular news and information websites complement Tribune's print and broadcast properties and extend the company's nationwide audience.

TRIBUNE COMPANY
SUMMARY OF REVENUES AND NEWSPAPER ADVERTISING VOLUME (Unaudited)
For Period 11 Ended November 19, 2006
(In thousands)

Period 11 (4 weeks) Year-to-Date (47 weeks)
2006 2005 % 2006 2005 %
---------- ---------- --- ----------- ----------- ---
Publishing
----------
Advertising
Retail $112,945 $111,140 1.6 $1,157,971 $1,157,331 0.1
National 62,224 63,305 (1.7) 636,812 692,518 (8.0)
Classified 86,677 88,205 (1.7) 1,087,858 1,061,026 2.5
---------- ---------- ----------- -----------
Sub-Total 261,846 262,650 (0.3) 2,882,641 2,910,875 (1.0)
Circulation 43,023 45,778 (6.0) 511,673 539,745 (5.2)
Other 21,397 21,112 1.3 230,148 233,216 (1.3)
---------- ---------- ----------- -----------
Segment Total 326,266 329,540 (1.0) 3,624,462 3,683,836 (1.6)
---------- ---------- ----------- -----------
Broadcasting &
Entertainment
--------------
Television
(A) 101,563 92,810 9.4 1,050,889 1,054,409 (0.3)
Radio/Enter. 5,230 7,113 (26.5) 236,278 242,556 (2.6)
---------- ---------- ----------- -----------
Segment Total 106,793 99,923 6.9 1,287,167 1,296,965 (0.8)
---------- ---------- ----------- -----------
Consol. Rev. $433,059 $429,463 0.8 $4,911,629 $4,980,801 (1.4)
========== ========== =========== ===========

Total Advertising Inches (B)
------------------------
Full Run
Retail 515 493 4.5 5,248 5,207 0.8
National 271 329 (17.6) 3,017 3,373 (10.6)
Classified 772 792 (2.5) 9,343 9,189 1.7
---------- ---------- ----------- -----------
Sub-Total 1,558 1,614 (3.5) 17,608 17,769 (0.9)
Part Run 1,728 1,547 11.7 19,222 18,363 4.7
---------- ---------- ----------- -----------
Total 3,286 3,161 4.0 36,830 36,132 1.9
========== ========== =========== ===========

Preprint Pieces (B)
---------------
Total 1,274,839 1,212,273 5.2 12,893,398 13,126,957 (1.8)
========== ========== =========== ===========

(A) Both 2006 and 2005 exclude revenues from discontinued operations
(WATL-TV, Atlanta, WCWN-TV, Albany and WLVI-TV, Boston).

(B) Volume for 2005 has been modified to conform with the 2006
presentation. Volume includes only the daily newspapers and is based
on preliminary internal data, which may be updated in subsequent
reports.

First Call Analyst:
FCMN Contact: salcaraz@tribune.com

Source: Tribune Company

CONTACT: Media, Gary Weitman, +1-312-222-3394 (Office), +1-312-222-1573
(Fax), gweitman@tribune.com , or Investors, Ruthellyn Musil, +1-312-222-3787
(Office), +1-312-222-1573 (Fax), rmusil@tribune.com , both of Tribune Company

Web site: http://www.tribune.com/

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